4)Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2017 totaled $20000 of materials, $16000 of direct labor costs, and S13000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled S22000, and the ending balance is $16000. During the year, the company completed 25 machines. How much is the cost per machine? a) S2840 b) $1960 C $2200 d) $1720

4)Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2017 totaled $20000 of materials, $16000 of direct labor costs, and S13000 of manufacturing overhead applied. The company ships all goods as soon as they are completed which results in no finished goods inventory on hand at the end of any year. Beginning work in process totaled S22000, and the ending balance is $16000. During the year, the company completed 25 machines. How much is the cost per machine? a) S2840 b) $1960 C $2200 d) $1720

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Description: 4)Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred forproduction during 2017 totaled $20000 of materials, $16000 of direct labor costs, and $13000 ofmanufacturing overhead applied. The company ships a

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter1: Introduction To Cost Accounting

Section: Chapter Questions

Problem 9P: Glasson Manufacturing Co. produces only one product. You have obtained the following information...

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